Personal loans in Decatur, MS

For a borrower among the roughly 1,920 residents of Decatur, a personal loan is a tool whose cost turns on the terms, not the address. Rate ceilings, licensing requirements and product limits for Decatur are all set at the Mississippi level. For a community of about 1,920, the practical step is to compare APR across at least three lenders before committing. The closest larger place is Newton, MS about 7 miles away.

Decatur: population, trend and location

Here is the sourced Census picture for Decatur, plus the Mississippi lending rules that apply to a loan taken out here.

• Population: 1,920 — Decatur ranks 101st of 299 communities in Mississippi (US Census Bureau, Vintage 2023).
• Population trend: The 2020-to-2023 change is negative, near 1.3%.
• People gained or lost: about 26 fewer since the 2020 base.
• Size percentile: about 66% of Mississippi's Census places are smaller than Decatur.
• Population density: 348 people per square mile on 5.5 square miles of land.
• Land area: Decatur covers 5.5 square miles, the 96th-largest area among Mississippi's 299 places.
• Water area: Decatur has 0.04 square miles of water, ranking 79th of 299 places in Mississippi.
• Share of state population: Decatur's 1,920 residents are about 0.1% of Mississippi.
• National standing: Decatur ranks 7,794th of 19,457 US places.
• Growth rank: Decatur ranks 92nd among Mississippi's 299 places for the 2020-to-2023 change.
• Versus Mississippi: the state average change is -2.3%, while Decatur moved 1.3%.
• Density in Mississippi: Decatur ranks 189th by people per square mile.
• Against the state median: Decatur runs about 348 residents per square mile, where the Mississippi median is 434.
• Location: latitude 32.4340, longitude -89.1112 (Census Gazetteer).
• Nearest larger cities: Newton (7 mi); Union (9 mi); Forest (22 mi); Philadelphia (24 mi); Meridian (25 mi). Online lenders reach Decatur no matter how far the nearest branch is.
• Smaller towns nearby: Hickory (10 mi); Chunky (13 mi); Lake (14 mi).
• Smaller neighbours: 29 places smaller than Decatur sit within 50 miles.
• Larger places within 100 miles: 56.

Where Decatur sits

Inside Decatur's boundaries lie roughly 5.5 square miles of land and 0.04 square miles of water. With 1,920 residents, the land area yields roughly 348 people per square mile. Jackson, the largest place in Mississippi, is about 65 miles from Decatur. A 50-mile radius around Decatur takes in 10 places that are larger. Within the same 50 miles lie 29 smaller Census places.

How personal loans work in Decatur

In Decatur, a small community of about 1,920, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. The APR tracks your credit score rather than Decatur's rank of 101st in Mississippi: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Shortening the term on a Decatur loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Decatur in state context

Against Mississippi's other places, Decatur accounts for about 0.1% of the state's population and ranks 101st of 299 by size. For population change between 2020 and 2023, Decatur ranks 92nd of 299 in Mississippi (about the 69th percentile). At about 348 people per square mile, Decatur is the 189th most densely settled place in Mississippi. The population moved by about 26 people between 2020 and 2023, a 1.3% shift.

Mississippi rules behind a Decatur personal loan

This table holds the Mississippi rate and licensing rules for consumer loans made to Decatur's 1,920 residents.

Getting a loan in Decatur

At roughly 348 people per square mile, Decatur is lightly settled; 10 larger places lie within 50 miles. Distance to a branch rarely matters for Decatur's 1,920 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Newton, MS about 7 miles away.